The World Cup Turned Polymarket and Kalshi Into Something Bigger Than a Betting Market
Kalshi closed June with more than 31 billion dollars in trading volume, an 87% jump from May. Polymarket added 10.8 billion in the same month, a
Kalshi (Latest Publications)
Non‑Sports Markets on Kalshi and Polymarket Break Through $4B, Reaching a $4.4B High
TL;DR: Transactional record: Weekly volume in the non-sports market category across both platforms crossed the $4 billion mark for the first time. Market leadership: The regulated
Kalshi’s FIFA‑Fueled Trading Boom Hits $9.4B in June Amid Rising Regulatory Pressure
TL;DR: Kalshi neared $10 billion in monthly volume during June, driven by markets tied to FIFA World Cup contracts. A Michigan judge blocked Kalshi from accepting
Meta Almost Bought Kalshi Before Zuckerberg Decided to Build a Rival Prediction App
TL;DR: Kalshi reached a valuation of $22,000 million ($22 billion) following a $1,000 million ($1 billion) funding round in May 2026. The prediction platform recorded a
World Launches on Solana to Challenge Polymarket and Kalshi in Prediction Markets
TL;DR Launch: World debuts on Solana to compete with Polymarket and Kalshi, emphasizing real-time markets and onchain settlement. Integration: The new platform uses Phantom for immediate
Michigan Court Blocks Kalshi From Offering Sports-Related Event Contracts
TL;DR A Michigan judge issued a 14-day restraining order blocking Kalshi from offering sports-related event contracts to residents until July 13. The order threatens $120,000 in
Kalshi Sues Illinois Over New State Tax Targeting Sports Prediction Markets
TL;DR: Federal lawsuit: Kalshi filed a lawsuit in the U.S. District Court for the Northern District of Illinois following the passage of bill SB 3019. Jurisdictional
IPO on the Table for Kalshi, Though Not in the Near Term, CEO Says
Kalshi is considering going public, although its CEO Tarek Mansour confirmed on CNBC’s “Squawk Box” that the IPO will not happen during 2026. Mansour acknowledged that the company is in the early stages
India Added to Kalshi’s Restricted Jurisdictions in Updated Members’ Agreement
TL;DR: Kalshi added India to its list of 55 restricted jurisdictions after Indian authorities warned providers about the use of VPNs. Spain, Indonesia, Singapore, Poland, Portugal,
Polymarket and Kalshi Redefine the Sports Betting Narrative
TL;DR Prediction markets linked to Polymarket and Kalshi record sports-driven volumes surpassing $4B daily during major tournaments, reflecting a shift toward event-based trading. Users increasingly move
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